2Z

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against MEXC−0.076%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$740.740% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.551%+$55 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.076%, 7d avg −0.073%

Together, before fees+0.555%+$56 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 2Z_USDT	0.05244	0.0100	pay 0.0050% / 4h	1h 59m	$341K	$134K	50x
Short	Bitget 2ZUSDT	0.05240	0.0100	get 0.0050% / 4h	1h 59m	$154K	$647K	50x

Funding history

latest

Range statsloading…

Bitget against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersPrice spread, now −0.076%Rate

Slippage from MEXC: live order book, 30 min ago; Bitget: live order book, 45 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 30 min ago	5.78 bp	12.4 bp −$12	69.0 bp −$690	240.5 bp −$24.0K	doesn't fit
Sell Bitget live order book, 45 min ago	9.59 bp	25.5 bp −$26	151.2 bp −$1,512	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack 2Z_USDC_PERP	−0.0902%	1h	0.05234	−0.191%	$45K	$20K	5x	as long as short
Injective 2Z/USDC PERP	+0.0033%	1h	0.04980	−5.034%	$867	$213	5.5x	as long as short
Lighter 2Z	+0.0096%	1h	0.05247	+0.057%	$17K	$6K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05241	−0.051%	$658K	$350K	3x	as long as short
Aster 2ZUSDT	+0.0100%	4h	0.05243	−0.026%	$12K	$57K	5x	as long as short
Pacifica 2Z	+0.0100%	1h	0.05243	−0.017%	$76K	$15K	3x	as long as short
Binance 2ZUSDT	+0.0100%	4h	0.05238	−0.111%	$2.1M	$2.1M	50x	as long as short
Bybit 2ZUSDT	+0.0100%	4h	0.05240	−0.076%	$713K	$948K	50x	as long as short
OKX 2Z-USDT-SWAP	+0.0100%	4h	0.05238	−0.114%	$444K	$715K	20x	as long as short
Gate 2Z_USDT	+0.0100%	4h	0.05236	−0.153%	$90K	$65K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDTlong	+0.0100%	4h	0.05244	long leg	$341K	$134K	50x
KuCoin 2ZUSDTM	+0.0100%	4h	0.05245	+0.011%	$180K	$52K	50x	as long as short
Bitget 2ZUSDTshort	+0.0100%	4h	0.05240	−0.076%	$154K	$647K	50x
BingX 2Z-USDT	+0.0100%	4h	0.05240	−0.076%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05242	−0.047%	$33K	$23K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05244	0.000%	$2K	$1.1M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.0511%	1h	0.05214	−0.582%	$5K	$3K	10x	as long as short